Domain released their preliminary auction results for today.
More weakness in the results. Final clearance rates will fall further as usual. Way down on last year.
Sydney listed 378 auctions, reported 223, sold 159, 58 were withdrawn giving a Domain clearance rate of 56.6%. 42.1% of those listed were sold.
Melbourne listed 567 auctions, reported 444 of which 256 were sold. 26 were withdrawn. Domain clearance rate was reported as 54.5%. 45.1% of those listed were sold.
Brisbane listed 92 auctions, reported 61, sold 22, 7 were withdrawn giving a Domain clearance rate of 32%. 23.9% of those listed were sold.
Adelaide listed 43 auctions, reported 30, sold 21, 4 were withdrawn giving a Domain clearance of 62%. 48.8% of those listed were sold.
Canberra listed 35 auctions, reported 33, sold 23 giving a Domain clearance of 70%. 65.7% of those listed sold.
